－Providing Bullion with the lowest level of spread in Hong Kong－
Hong Kong, March 1, 2019 – Rakuten Securities Hong Kong Limited (“RSHK”)’s parent company, Rakuten Securities, Inc. (“Rakuten Securities”), one of Japan’s major online brokers, is pleased to announce the establishment of its new subsidiary, Rakuten Securities Bullion Hong Kong Limited (“Rakuten Securities Bullion”), providing bullion investment service including gold and silver in Hong Kong.
This new establishment is Rakuten Securities’ second milestone in Hong Kong after the establishment of RSHK, a professional leveraged forex broker, in September 2015. Besides, Rakuten Securities Bullion is the fourth overseas business development project of Rakuten Securities.
Bullion, generally speaking, is one of the major safe-haven assets for trading as a mean of risk diversification. Rakuten Securities Bullion aims to launch its bullion investment service in second half of 2019 with 2 popular symbols (XAU/USD and XAG/USD) with the lowest level of spread in Hong Kong.
Rakuten Securities has expanded a professional leveraged forex service in Hong Kong and Australia by developing its offices in 2015 and 2016 respectively. In 2017, Rakuten Securities has established a joint venture company in Malaysia to provide an online trading service as the first completely online equity broker in Malaysia.
RSHK believes that establishing the new subsidiary will further increase the market share in Hong Kong and Rakuten Securities will keep expanding oversea business in the future.
About Rakuten Securities Hong Kong
Rakuten Securities Hong Kong Limited (“RSHK”) is a subsidiary of Rakuten Securities, Inc. (“Rakuten Securities”) which is one of the five largest forex brokers in the world^ and a pioneer in leveraged foreign exchange trading in Hong Kong. Its “Rakuten FX” trading platform is also popular in Japan.
Benefited by tremendous financial capacity and the cutting edge FinTech of Rakuten Securities, RSHK is proud to present an award-winning online forex trading platform – “Rakuten FX”. Its speedy execution, intuitive layout, and advanced analysis tools, definitely offer a brand new forex trading experience for Hong Kong traders.
Our Hong Kong office is conveniently located in Central, close to other major financial companies and organizations. It is easily accessible to the public and provides a welcoming atmosphere to anyone who wants to explore the world of forex trading. Our professional forex specialists are always willing to give aspiring traders demonstrations of our online trading platform.
RSHK is regulated by the Securities and Futures Commission (“SFC”) in Hong Kong. It ensures our clients and their trading accounts are fully protected under Hong Kong’s legal jurisdiction.
About Rakuten Securities, Inc.
Rakuten Securities, Inc. (“Rakuten Securities”) is the securities division of Rakuten Group which operates as one of the Japan’s largest E-Commerce providers.
Rakuten Securities is one of a leading online brokerage company in Japan, founded in 1999. Rakuten Securities provides comprehensive financial brokerage services to over 3 million individual investors with wide range of asset products; including domestic and international cash equities, derivatives commodities, bonds, investment trusts, ETF, FX, etc. With Rakuten Securities’ strong foundation rooted in Japanese market, today our new mission in Japanese financial world is to welcome and promote various cross-border businesses to overseas investors.
Ends/Friday, March 1, 2019
Issued at HKT 15:30